European Child Care Day Care Center Inc

Analysis

European Child Care Day Care Center Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, European Child Care Day Care Center Inc reported income of $129k and spending of $155k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $48k to $129k (+171%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 240%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, European Child Care Day Care Center Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Shannon Foundation ($129k), Sierra Roots ($129k) and Hanover Home Care ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $74k. At year end it held assets of $38k against liabilities of $125k, net assets of -$87k. It reported 4 employees.